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...describe how you've made some sacrifices in the way that you live? I stopped flying. I live in a much smaller house. I no longer even accept a paycheck. I just pay my expenses out of our campaign funds. I don't own a car. You may give something up, but in a way you get much more back in return for living a simpler, more responsible life. (Read "Why New York City Is Greener Than Vermont...
...Germany United Re your article on Germany, "Divided They Stand" [Sept. 21]: No longer. The country has been reunited for 20 years now, and most people under 35 cannot even remember that Germany and Europe were once separated into two political blocs. The Iron Curtain and the Wall are long forgotten episodes that young people only know from history books. They do not distinguish between East and West, North and South. They think of the future, not the past. Rolf Reichert, Aschaffenburg, Germany...
...undervalued renminbi (RMB) were icing on the cake for China's powerful strain of export-led growth. Moreover, to the extent that its currency-management objectives required ongoing recycling of a massive reservoir of foreign-exchange reserves into U.S. dollar - based assets, such capital inflows helped keep longer-term U.S. interest rates at exceptionally low levels. In effect, China's implicit interest-rate subsidy ended up becoming an important prop to bubble-prone U.S. asset markets and, ultimately, for the asset-dependent American consumer...
...because people no longer found reasons to fight? Hundreds if not thousands of wars, small and large, have been fought since Hiroshima and Nagasaki. Is it because nations and tribes found a conscience regarding mass death? Clearly not - the slaughter in China during the Cultural Revolution, in Cambodia under the Khmer Rouge and in Rwanda between Hutu and Tutsi all offer bloody proof. Is it the U.N.? Um, no. Is it globalism and the web of commerce that increasingly connects the interests of the major powers? Yes, that certainly has an impact. But the global economy is a creation...
...India. The Doni river, a 93-mile stretch of water in north Karnataka has come to be known as "the Yellow River of Bijapur," after China's Hwang Ho. While the Chinese river is infamous for its sudden changes in course, the Indian version, whose water many consider no longer fit for human consumption, is gaining notoriety for its unpredictable nature - flash floods one day, barely a trickle the next. "We need to find a way of storing the excess water and using it through the rest of the year," says A.K. Bajaj, Chairman of India's Central Water Commission...